Market Overview:
The global cocoa butter equivalent (CBE) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for CBE in confectionery, food & beverage, and cosmetics applications. In terms of type, the shea butter segment is expected to lead the global CBE market during the forecast period. This can be attributed to its properties such as high moisturizing capacity and emolliency.
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Product Definition:
Cocoa butter equivalent (CBE) is a measure of the amount of cocoa butter in a chocolate or other food. It is used as a measure of quality because cocoa butter imparts flavor and texture to chocolate.
Shea Butter:
Shea butter is obtained from the nuts and seeds of Shea tree, which is a rich source of magnesium, potassium, and vitamin E. It has high moisturizing properties that help in keeping skin soft and smooth. It also helps to reduce wrinkles due to its ability to penetrate skin tissues more easily than other vegetable oils. Apart from this, it contains fatty acids that are beneficial for hair growth as well as preventing dandruff & dry scalp conditions.
Palm and Palm Kernel Oil:
Palm oil is a vegetable oil that is extracted from the fruit pulp of the African palm tree. It has been used as a cooking medium and in food preparation for centuries. The fruit pulp after extraction is used to produce various products such as oleochemicals, fatty acids, glycerol, and others which are further utilized across several end-use industries such as personal care & cosmetics, pharmaceuticals among others.
Application Insights:
The global market is segmented by application into confectionery, food and beverage, cosmetics, and others. The food and beverage industry was the largest consumer of cocoa butter equivalent in 2017. Manufacturers use CBE to formulate products as they offer properties such as stability during processing, extended shelf life coupled with high melting point that helps maintain nutritional content over time.
The growing food manufacturing sector across the globe has resulted in increased product demand for formulation of various foods including chocolates bars, ice creams/desserts (confectionery), bakery products (beverage) among others. Cocoa butter equivalent is used extensively in cosmetic formulations due to its ability to provide a smooth texture without adding any additional calories thereby making it suitable for skin care applications among other uses such as hair treatment creams & lotions formulation among several others.
Regional Analysis:
North America is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to high product demand in food and confectionery industry. Furthermore, increasing consumer preference for chocolate products due to its taste is projected to propel the market growth over the forecast period.
Asia Pacific dominated the global cocoa butter equivalent (CBE) market by volume as well as revenue in 2017 owing both India and China are major consumers of this product globally. Increasing consumption of chocolate coupled with rising awareness regarding health benefits has been driving demand for cocoa butter equivalent products in these countries over past few years which will further boost growth during forecast period.
Growth Factors:
- Increasing demand for natural and organic cosmetics products: The global market for natural and organic cosmetics is projected to grow at a CAGR of 9.8% from 2016 to 2021. This growth can be attributed to the increasing awareness among consumers about the benefits of using natural and organic products, which are free from harmful chemicals. Cocoa butter is a naturally derived ingredient, which makes it an ideal choice for use in natural and organic cosmetics products.
- Rising demand for premium skincare products: The global premium skincare market is expected to grow at a CAGR of 7% from 2016 to 2021. This growth can be attributed to the increasing disposable income of consumers, coupled with their growing inclination towards luxury lifestyle goods and services. Cocoa butter has been traditionally used in high-end skincare formulations due its moisturizing properties, thus providing manufacturers with an opportunity to capitalize on this trend by launching new cocoa butter-based premium skincare products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cocoa Butter Equivalent (CBE) Market Research Report
By Type
Shea Butter, Palm and Palm Kernel Oil, Sal Fat, Kokum Butter, Mango Butter
By Application
Confectionery, Food & Beverage, Cosmetics
By Companies
AAK, IOI Loders Croklaan, Wilmar International, Fuji Oil, Olam International, Cargill, Mewah Group, 3F Industries Ltd, Nisshin Oillio Group, Manorama Group, Felda Iffco, Musim Mas, Intercontinental Specialty Fats (ISF)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Cocoa Butter Equivalent (CBE) Market Report Segments:
The global Cocoa Butter Equivalent (CBE) market is segmented on the basis of:
Types
Shea Butter, Palm and Palm Kernel Oil, Sal Fat, Kokum Butter, Mango Butter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Confectionery, Food & Beverage, Cosmetics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AAK
- IOI Loders Croklaan
- Wilmar International
- Fuji Oil
- Olam International
- Cargill
- Mewah Group
- 3F Industries Ltd
- Nisshin Oillio Group
- Manorama Group
- Felda Iffco
- Musim Mas
- Intercontinental Specialty Fats (ISF)
 Market Overview.svg)
Highlights of The Cocoa Butter Equivalent (CBE) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shea Butter
- Palm and Palm Kernel Oil
- Sal Fat
- Kokum Butter
- Mango Butter
- By Application:
- Confectionery
- Food & Beverage
- Cosmetics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cocoa Butter Equivalent (CBE) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cocoa butter equivalent is a measure of the amount of cocoa butter in a product.
Some of the major companies in the cocoa butter equivalent (cbe) market are AAK, IOI Loders Croklaan, Wilmar International, Fuji Oil, Olam International, Cargill, Mewah Group, 3F Industries Ltd, Nisshin Oillio Group, Manorama Group, Felda Iffco, Musim Mas, Intercontinental Specialty Fats (ISF).
The cocoa butter equivalent (cbe) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cocoa Butter Equivalent (CBE) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cocoa Butter Equivalent (CBE) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cocoa Butter Equivalent (CBE) Market - Supply Chain
4.5. Global Cocoa Butter Equivalent (CBE) Market Forecast
4.5.1. Cocoa Butter Equivalent (CBE) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cocoa Butter Equivalent (CBE) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cocoa Butter Equivalent (CBE) Market Absolute $ Opportunity
5. Global Cocoa Butter Equivalent (CBE) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Type
5.3.1. Shea Butter
5.3.2. Palm and Palm Kernel Oil
5.3.3. Sal Fat
5.3.4. Kokum Butter
5.3.5. Mango Butter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cocoa Butter Equivalent (CBE) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Application
6.3.1. Confectionery
6.3.2. Food & Beverage
6.3.3. Cosmetics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cocoa Butter Equivalent (CBE) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cocoa Butter Equivalent (CBE) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cocoa Butter Equivalent (CBE) Demand Share Forecast, 2019-2026
9. North America Cocoa Butter Equivalent (CBE) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Application
9.4.1. Confectionery
9.4.2. Food & Beverage
9.4.3. Cosmetics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Type
9.7.1. Shea Butter
9.7.2. Palm and Palm Kernel Oil
9.7.3. Sal Fat
9.7.4. Kokum Butter
9.7.5. Mango Butter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cocoa Butter Equivalent (CBE) Demand Share Forecast, 2019-2026
10. Latin America Cocoa Butter Equivalent (CBE) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Application
10.4.1. Confectionery
10.4.2. Food & Beverage
10.4.3. Cosmetics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Type
10.7.1. Shea Butter
10.7.2. Palm and Palm Kernel Oil
10.7.3. Sal Fat
10.7.4. Kokum Butter
10.7.5. Mango Butter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cocoa Butter Equivalent (CBE) Demand Share Forecast, 2019-2026
11. Europe Cocoa Butter Equivalent (CBE) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Application
11.4.1. Confectionery
11.4.2. Food & Beverage
11.4.3. Cosmetics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Type
11.7.1. Shea Butter
11.7.2. Palm and Palm Kernel Oil
11.7.3. Sal Fat
11.7.4. Kokum Butter
11.7.5. Mango Butter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cocoa Butter Equivalent (CBE) Demand Share, 2019-2026
12. Asia Pacific Cocoa Butter Equivalent (CBE) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Application
12.4.1. Confectionery
12.4.2. Food & Beverage
12.4.3. Cosmetics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Type
12.7.1. Shea Butter
12.7.2. Palm and Palm Kernel Oil
12.7.3. Sal Fat
12.7.4. Kokum Butter
12.7.5. Mango Butter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cocoa Butter Equivalent (CBE) Demand Share, 2019-2026
13. Middle East & Africa Cocoa Butter Equivalent (CBE) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Application
13.4.1. Confectionery
13.4.2. Food & Beverage
13.4.3. Cosmetics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cocoa Butter Equivalent (CBE) Market Size and Volume Forecast by Type
13.7.1. Shea Butter
13.7.2. Palm and Palm Kernel Oil
13.7.3. Sal Fat
13.7.4. Kokum Butter
13.7.5. Mango Butter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cocoa Butter Equivalent (CBE) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cocoa Butter Equivalent (CBE) Market: Market Share Analysis
14.2. Cocoa Butter Equivalent (CBE) Distributors and Customers
14.3. Cocoa Butter Equivalent (CBE) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AAK
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IOI Loders Croklaan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wilmar International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Fuji Oil
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Olam International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cargill
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mewah Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. 3F Industries Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nisshin Oillio Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Manorama Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Felda Iffco
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Musim Mas
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Intercontinental Specialty Fats (ISF)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
